Polk County MHP 40-128 sites

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  • SOLD!
  • Price: $600,000
Principals Only

~~~~Asking Price ~~~~ $600,000~~~~

Mobile Home Park on 22 acres with 22 permitted sites, with plenty of room for expansion. Presently have 19 sites rented, 3 units owned by owner and rented out during the winter season only. Water & electric installed for 40 unit sites. Well good for 40 sites then would have to be increased. Property has deeded lake access to Lake Reedy. On-site private water & septic tanks.

Rents right now are $185 a month for the people that have trailers there all year round, rate to increase in August. Owner now receives between, $1000-$1500 for the trailers he rents in the winter. A Great place for fisherman in the winter time. Owner could fill all sites through the winter if all facilities were operational.

Could be developed for housing sites if new owner didn't want to continue rentals. Could also be a great RV Park!

Park was originally approved for 128 sites. Permits have expired.

Owner financing with $250,000 down.

Gross Income $ 52,160
Expenses          $ 9,690
NOI               $ 42,470

Disclaimer: The information and (all files attached) have been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm. Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.